XRP Lost 17% Over the Week Amid Crypto Market Decline and ETF Outflows

The cryptocurrency XRP lost about 17% of its value over the week, showing a stronger decline than several of the largest digital assets. According to CoinMarketCap data at the time of the original analysis publication on November 11, 2026, the price of XRP was around $1.06, having dropped to $1.03 the day before. At certain moments, the decrease in value relative to the level at the start of the observed movement exceeded 23%.

The decline occurred amid a general correction in the cryptocurrency market. Bitcoin (BTC) lost slightly more than 5% over the week, Ethereum (ETH) and Solana (SOL) about 10%, and the Hyperliquid platform token (HYPE) fell by 14.6%. Against this backdrop, XRP ceded the 5th place in the cryptocurrency market capitalization ranking to Circle's stablecoin USDC.

Analyst Identifies 3 Possible Reasons for XRP's Decline

Cryptocurrency analyst EGRAG CRYPTO noted the more pronounced decline of XRP and offered his own assessment of the factors that could have influenced the asset's dynamics.

According to his assumption, about 20% of the influence could be attributed to sales by early XRP holders who were taking profits or reallocating funds between cryptocurrencies. Another 30% the analyst linked to forced closure of leveraged positions and insufficient buying demand.

The remaining 50% EGRAG CRYPTO attributed to alleged market manipulations. According to his version, major participants could intentionally affect the price near areas of increased liquidity, forcing other traders to close positions. However, the analyst emphasized that the percentages provided are his subjective assessments and not proven causes of the decline.

In terms of technical analysis, EGRAG CRYPTO identified the range of 1.00–1.04 as a potential stabilization zone for XRP. If the price holds in this area, he allows for a recovery to 1.15–1.25, although such a scenario is not guaranteed and depends on further market dynamics.

Over $18 Million Withdrawn from XRP-ETF in 2 Days

An additional factor accompanying the decline of XRP was the worsening dynamics of capital flows into U.S. spot exchange-traded funds (ETFs) related to cryptocurrency.

According to the analytical service SoSoValue, on November 9, the net outflow from such funds amounted to about $10.42 million. The next day, November 10, investors withdrew another approximately $7.62 million. Thus, the cumulative net outflow over 2 trading days reached $18.04 million.

In the previous trading week, the inflow of funds also remained limited. In 4 out of 5 trading days, the funds did not record a positive net inflow, which, however, does not mean a complete absence of operations with their shares.

According to the original publication, the accumulated net inflow into XRP-ETF decreased from a record $1.81 billion to approximately $1.79 billion. The figure reflects the difference between incoming and withdrawn funds since the launch of the funds, not the total value of assets under their management.

Thus, the decline of XRP was accompanied by an outflow of funds from exchange-traded funds and a general correction of digital assets. However, the available data does not allow for determining the exact share of the decline caused by each of the proposed factors or confirming claims of deliberate manipulations.